BNP Paribas SA — Ethics Grade D

BNP Paribas SA receives an overall ethics grade of D (38/100) on CancelCo's corporate accountability database. Sector: Financial Services. Market cap: Large Cap.

Category scores

• labor: 60
• privacy: 65
• consumer: 50
• environment: 45
• humanRights: 40

Documented incidents (3)

• US Sanctions Violations (high, 2014) — The bank pleaded guilty to processing billions of dollars for entities in Sudan, Iran, and Cuba in violation of US trade sanctions. It was required to pay a record-breaking criminal penalty.
• Fossil Fuel Financing Lawsuit (medium, 2023) — Climate NGOs filed a lawsuit against the bank for failing to provide adequate plans to reduce its support for fossil fuel expansion despite its duty of vigilance. This was the first climate-related suit against a commercial bank.
• Forex Market Manipulation (medium, 2018) — Fined by New York regulators for improper conduct in its foreign exchange trading business, including use of secret chat rooms to coordinate price spreads.

Documented good deeds

• Sustainable Finance Commitment — The bank committed to providing €30 billion in financing for renewable energy by 2030 and ending financing for new oil and gas exploration.

Ethical alternatives

• Triodos Bank — Exclusively finances projects with positive environmental and social impact.